Amortization _FS_Fin605_Villa

23 eBook Print References Determine the amount of the Earned Income Credit in each of the following cases. Assume that the person or persons are eligible to take the credit. Use Table 9-3. Required: Calculate the credit using the formulas. Note: For all requirements, do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. a. A single person with earned income of $8,720 and no qualifying children. Earned Income Credit $ 667 b. A single person with earned income of $24,200 and two qualifying children. $ 6,195 c. A married couple filing jointly with earned income of $36,060 and one qualifying child. $ 2,849

O CONSUMER MATHEMATICS Finding the monthly payment, total payment, and interest for a... When Laura bought her house, she got her mortgage through a bank. The mortgage was a personal, amortized loan for $99,500, at an interest rate of 3.75%, with monthly payments for a term of 40 years. For each part, do not round any intermediate computations and round your final answers to the nearest cent. If necessary, refer to the list of financial formulas. (a) Find Laura's monthly payment. (b) If Laura pays the monthly payment each month for the full term, find her total amount to repay the loan. $0 (c) If Laura pays the monthly payment each month for the full term, find the total amount of interest she will pay. $0 X Monthly Payment Formula M= P r 12 r 1- ( 1 + 12 ) - 12t

Q Search References Review View Help Tell me what you want to do O Editing I U Dv Av .…. 11 A A B 出<=<三v| Use the following information to answer questions #1-4 Mrs. Smith has a monthly payment of $230 for health insurance, a $500 deductible, an 80%/20% co- insurance and co-payments of $15 for prescriptions and $45 for office visits. 1. What is Mrs. Smith's premium? a. $45 b. $230 C. $500 d. $1,000 2. What amount will Mrs. Smith have to pay for medical services before the policy begins to pay? a. $45 b. $230 C. $500 d. $1,000 r for a small nrocedure costing $1,000 what percentage of the me

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The question is how do I make the Excel Tables correctly before trying to plot the remaining units and get by solving those in the spreadsheet?

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fari File D2L Understanding Loans and Simple Interest - 21516 MAT142 Topics In Coll... IMG_384 Edit View History Bookmarks Window Help IMG_38 esc 1 < 2 Tiana Klughart Nellie wants to buy a $509,000.00 house. She makes a $120,000.00 down payment and takes out a 15-year mortgage to pay for the rest. Her monthly mortgage payment is $4,050.00. a) What is the principal of her mortgage? Principal $ b) How much interest will she pay over the life of her loan? Total interest $ c) How much will she pay in total for her house? Total paid $ CHECK ANSWER d2l.pima.edu D2L 5.2 Understanding Loans and Simple Interest - 21516 MAT142 Topics... 7 3 Q $ 4 % 5 3D 6 & 7 e 8 9 Question 3 of 1 DEL Ch www. 1 www . 1 C S 0

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Pls do fast its urgent... I will rate instantly for sure Try to give solution in typed form 4. North Carolina provisional broker create a personal website separate from their friends website to advertise their real estate listing Ines Carolina Real Estate Commission rule their website must include A. The National Association of Realtors trademark B. the Brokers individual real estate license number C. the name of the sole proprietor with a firm with which the broker is affiliated D. A disclaimer that all the information on the website is believed to be true but is not guaranteed

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eBook Question Content Area Time Value of Money Concept The following situations involve the application of the time value of money concept. Use the full factor when calculating your results. Use the appropriate present or future value table: FV of $1, PV of $1, FV of Annuity of $1 and PV of Annuity of $1 1.  Janelle Carter deposited $9,840 in the bank on January 1, 2000, at an interest rate of 10% compounded annually. How much has accumulated in the account by January 1, 2017? Round to the nearest whole dollar. 2. Lee Spony made a deposit in the bank on January 1, 2010. The bank pays interest at the rate of 10% compounded annually. On January 1, 2017, the deposit has accumulated to $13,120. How much money did Lee originally deposit on January1, 2010? Round to the nearest whole dollar.

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Goal To use recursive sequence to determine the amount money owed on a loan after months Role You are a loan officer at a mortgage company. Audience Jim and Joan Miller are customers applying for a mortgage. Situation Jim and Joan Miller are borrowing $120,000 at 6.5% per annum compounded monthly for 30 years (360 months) to purchase a home. Their monthly payment is determined to be $758.48. Performance Task You need to present Jim and Joan with a report detailing the following: • Arecursive formula for their balance after each monthly payment has been made. • To do this, use the formula: a, = an-1 (1+r) – 758.48 A determination of Jim and Joan's balance after the first payment. Don't forget the interest affecting their payment! • Use a spreadsheet or graphing utility to create a table showing their balance after each monthly payment. • Determine when the balance will be below $75,000. • Determine when the balance will be paid off. • Determine the interest expense when the loan is…

Safari File Edit View History Bookmarks Window Help Inbox (3,222) - tonygonzalez0100@g... Bb Welcome, Tony - Blackboard Learn learn-us-east-1-prod-fleet02-xythos.content.blackboardcdn.com Screenshot 2. Suppose Grandma wants to accumulate $100,000 for her grandchild's college education in 18 years. How much must she deposit today into an account with an APR of 4%, compounded semiannually in order to have $100,000 in 18 years? Assume no additional deposits are made. O Bb NCBM 0222/MATD 0485 Unit 4 Conte... DEC 7 Bb https://learn-us-east-1-prod-fleet02-x... 3. You want to save enough to have $40,000 for a down payment on a house in 6 years. How much should you deposit today into an account with an APR of 4% compounded weekly in order to have the down payment in 6 years? tvi PV: = PMT= FV = APR = Periods = Compounding: PV: = PMT= FV = APR = Periods = Compounding: A 32 Wed Dec 7 12:03 AM b Search results for 'Suppose Grandma... t PM PM . PM t t PM PM t PM

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Preparing income and expense statement Use Worksheet 2.2 Ariana and Nicholas Peterson are about to construct their income and expense statement for the year ending December 31, 2020. Nicholas is finishing up college and currently has no income. They have put together the following income and expense information for 2020:   Ariana's salary $43,000 Reimbursement for travel expenses 1,700 Interest on:     Savings account 110   Bonds of Delta Corporation 70 Groceries 4,150 Rent 9,300 Utilities 960 Gas and auto expenses 650 Nicholas' tuition, books, and supplies 3,300 Books, magazines, and periodicals 280 Clothing and other miscellaneous expenses 2,900 Cost of photographic equipment purchased with charge card 2,200 Amount paid to date on photographic equipment 1,600 Ariana's travel expenses 1,950 Purchase of a used car (cost) 9,750 Outstanding loan balance on car 7,300 Purchase of bonds in Delta Corporation 4,900   Using the information provided,…

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eBook Repaying a Loan While Mary Corens was a student at the University of Tennessee, she borrowed $9,000 in student loans at an annual interest rate of 11%. If Mary repays $1,500 per year, then how long (to the nearest year) will it take her to repay the loan? Do not round intermediate calculations. Round your answer to the nearest whole number.  year(s)

A borrower has two alternatives for a loan: (1) issue a $630,000, 75-day, 6% note or (2) issue a $630,000, 75-day note that the creditor discounts at 6%. Assume a 360-day year. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. X Open spreadsheet a. Compute the amount of the interest expense for each option. Round your answer to the nearest dollar. for each alternative. b. Determine the proceeds received by the borrower in each situation. Round your answers to the nearest dollar. < (1) $630,000, 75-day, 6% interest-bearing note: $ (2) $630,000, 75-day note discounted at 6%: $ c. Alternative is more favorable to the borrower because the borrower

help  please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working!

QUESTION 32 Good news! Louie has been approved for a 25-year mortgage with an 8% interest rate for the dollar amount of $95,000. What will Louie's monthly payment be (to the nearest cent). Neatly write out your work and answer on paper (or a tablet) and then upload it as a pdf, png, gif, ing

webapps%252Fportal Jsp%253 tab_tab_gr.. Jill Diamond bought a home for $190,000 with a down payment of $65,000. The rate of interest was 7% for 35 years. Her monthly mortgage payment is: Multiple Choice $843.75 $978.57 $798.75 $834.57 None of these 回可可 ace

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groceries vision 8. Calculate the total annual housing costs for a couple with bi-weekly mortgage payments of $978.88, monthly condominium fees of $325, and monthly utility expenses averaging $275. a. $58 101.76 b. $32 650.88 c. $18 946.56 d. $13 073.28

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